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Will new visa stop skilled accountants for contractors coming to the UK?

Will new visa stop skilled accountants for contractors coming to the UK?

John Hayes, from the law firm Irwin Mitchell, has suggested that UK employers may find it more difficult to attract top talent once the government’s cap on Tier 1 migrant workers comes into force.

The immigration minister, Damian Green, announced earlier this month that a new points based system for Tier 1 visas will come into operation on April 6th. 1,000 visas will be made available to exceptionally talented migrant workers in the fields of art, science and humanities. People who are awarded the visas will be allowed to stay in the UK for a period of three years and four months and will be given the option to apply for an extension to remain for an additional two years. After five years in the UK, the visa holder would be entitled to settle here.

Employers are already predicting that the 1,000 cap will cause practical problems, Hayes said. Although we do not know the full details of how these new visas will work, we do know that an accredited competent organisation will have to endorse that an applicant possesses an exceptional skill. Furthermore, people who obtain these exceptional skill visas will be exempt from the maintenance and English language restrictions, which will make them more attractive.

Any foreign nationals who are currently in the UK on a skilled worker visa and want to change to a highly skilled visa should be aware that the deadline for applications is April the 5th.

The new regulations could encourage more transatlantic start-ups to set up in the UK. People coming to Britain from non-EU countries will be granted faster settlement rights if are investing in excess of £5 million in a British based enterprise.

In April, the government is introducing a new visitor visa for prospective entrepreneurs. This will allow them to come to the UK in order to secure funding and start up their venture in advance of obtaining the full tier 1 visa.

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